A host of popular vehicles from brands like BMW, Ford and Mercedes are set to face a £2,745 tax hike following new rules brought in by Labour’s autumn budget.
A host of popular vehicles from brands like BMW, Ford and Mercedes are set to face a £2,745 tax hike following new rules brought in by Labour’s autumn budget. 59 cars in total will be hit with the hike come April 2025 following changes in Vehicle Excise Duty rates.These VED fees will be paid by owners of new petrol and diesel vehicles before they eventually switch to a standard rate.Some drivers will see their fees double from the current 2024 rates.
"The Budget document added: "From 1 April 2025, the Vehicle Excise Duty first-year rates will be changed to widen the difference between zero-emission, hybrid and internal combustion engine cars." Here is the full list of cars facing the tax hike:Alfa Romeo Stelvio 2.9 V6 Bi-TurboAston Martin DB12 4.0 V8Aston Martin DBX 4.0 V8Aston Martin Vantage 4.0 V8Audi R8 5.2 FSI V10Audi RS6 4.0 TFSI V8Audi RS7 4.0 TFSI V8Audi RSQ8 4.0 TFSI V8Audi S8 4.0 TFSI V8Audi SQ7 4.0 TFSI V8Audi SQ8 4.
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